Pebblebrook Hotel ( (PEB) ) has released its Q2 earnings. Here is a breakdown of the information Pebblebrook Hotel presented to its investors.
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Pebblebrook Hotel Trust is a publicly traded real estate investment trust specializing in urban and resort lifestyle hotels and resorts across the United States, owning 46 properties with approximately 12,000 guest rooms.
In its second quarter of 2025, Pebblebrook Hotel Trust reported a net income of $19.3 million, with significant contributions from the Newport Harbor Island Resort following its recent redevelopment. The company also saw a notable increase in demand in urban markets like San Francisco, Portland, and San Diego.
Key financial highlights include an Adjusted EBITDAre of $117 million, surpassing expectations by $6.5 million, and an Adjusted FFO per diluted share of $0.65, exceeding the company’s outlook by $0.06. Additionally, the company invested $21 million in capital improvements and maintained a strong balance sheet with $267.1 million in cash and no significant debt maturities until December 2026.
Pebblebrook’s management remains cautiously optimistic about the future, acknowledging the resilience in lodging demand despite economic uncertainties. The company plans to continue focusing on strategic investments and operational efficiencies to enhance long-term profitability.